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    Financial Accounting
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    Exam 2: The Basics of Record Keeping and Financial Statement Preparation: Balance Sheet
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    Before Preparing the Balance Sheet and Income Statement, an Accountant
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Before Preparing the Balance Sheet and Income Statement, an Accountant

Question 89

Question 89

Multiple Choice

Before preparing the balance sheet and income statement, an accountant would use what accounting record to first record the firm's transactions?


A) the trial balance
B) the adjusting entry
C) the general ledger
D) the subsidiary ledger
E) the journal

Correct Answer:

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